2201 Palos Verdes Dr W

2201 Palos Verdes Dr W , Palos Verdes Estates, California, 90274 | 700 sq.f | $ 250,000

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About This Restaurant

Investment Highlights

Beautiful frontage Favorable lease terms Staple of the community

Executive Summary

BUSINESS FOR SALE! Significant $100,000 Price Improvement! Profitable with great return on investment!Here lies is a long-standing cafe/sandwich shop that boasts a long, 40 year history of creating delectable pastries, breads, sandwiches, drinks, and desserts that have won the hearts (and taste buds) of generations. Owners have a special pride that they would now like to pass along to a new owner to take the cafe to new levels. The location has beautiful frontage and visibility with its bright colors and ample patio seating which really makes for a comfortable dining experience. There is tons of potential for the new owner to cater events, host events, convert to a different restaurant concept, deliver with Uber, GrubHub, Postmates, etc. upgrade license privileges with a Beer and Wine license, and so much more! This location has a low rent, favorable 10 year lease terms, and positive financials, currently turning a profit! Drive by only. Signed NDA required for financials.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Conditions    Bulk/Portfolio Sale Bulk/Portfolio Sale Business Value Included Bulk/Portfolio Sale
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Fast Food Restaurant
  • Building Size    700
  • Building Class    B
  • Year Built/Renovated    1958/2012
  • Price    250,000
  • Price Per SF    357
  • Percent Leased    91
  • Tenancy    Multiple
  • Building Height    1 Story
  • Slab To Slab    10?
  • Building FAR    0.08
  • Land Acres    0.21 AC

Property Taxes

Parcel Number 7542-013-018 Improvements Assessment $1,227,069 (2023)
Land Assessment $1,282,845 (2023) Total Assessment $2,509,914 (2023)
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 2201 Palos Verdes Dr W , Palos Verdes Estates, California, 90274